Liberty County, Montana: commercial real estate data.
Liberty County, Montana has a population of 1,952 across 1,430 square miles, down 1.3 percent since the 2020 census base. County output reached $323.8 m in 2024, 69 establishments operate here, and the SBA record carries 1 7(a) approvals worth $350,000.
100 sourced county values · tier FULL · 9 sections
Liberty County
How many people live in Liberty County
- Population1,952
- Households724
- Average household size2.70
- Median household income$57,857
- Median age39.8
- Median gross rent$710 per month
- Median owner-occupied home value$169,100
- Home value to household income2.9 times
- Annual rent as a share of median income14.7 percent
- Adults 25 and over with a bachelor degree or higher27.9 percent
- Adults 25 and over with a graduate degree5.6 percent
- Adults 25 and over1,361
- Population under 18531
- Share under 1827.2 percent
- Population 65 and over421
- Share 65 and over21.6 percent
- Working age population, 18 to 641,000
- Civilian labor force832
- Unemployment rate0.6 percent
- Labor force participation, adults 18 and over58.6 percent
- Rank by population among Montana counties46th of 56
- Rank by population among US county-equivalents3125th
Liberty County is the 46th largest of 56 Montana counties by population. A median home costs 2.9 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 27.2 percent against 21.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Liberty County
Is Liberty County growing
- Population change since the 2020 census base-1.33 percent
- Census 2020 base population1,960
- Births, 202420
- Deaths, 202432
- Natural change, 2024-12
- Net domestic migration, 2024-13
- Net international migration, 20241
- Total net migration, 2024-12
- Cumulative net domestic migration, 2021 to 2024-5
- Rank by growth among US county-equivalents2303rd
The county has lost 1.33 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Liberty County
Where people moving to Liberty County come from
- Tax returns filed by households arriving37
- People arriving, from those returns64
- Adjusted gross income arriving$1.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$31,000
- Largest single originLiberty County Non-migrants (710 households)
- Largest single destination (710 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Liberty County Non-migrants | 710 | 1,430 | $42.7 m |
| Other flows - Same State | 37 | 64 | $1.1 m |
The largest single source of arrivals is Liberty County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Liberty County
What the Liberty County economy runs on
- County GDP, 2024$323.8 m
- County GDP, 2023$339.2 m
- GDP change, 2023 to 2024-4.5 percent
- GDP change over five years55.4 percent
- Rank by GDP among Montana counties32nd
- Rank by GDP among US county-equivalents2666th
- GDP per resident$165,865
Output grew -4.5 percent in the latest year and 55.4 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Liberty County
Who employs people in Liberty County
- Covered employment, annual average513
- Establishments reporting98
- Average annual pay$41,372
- Average weekly wage$796
- Sector 42, employment44
- Sector 42, average annual pay$71,101
- Sector 81, employment21
- Sector 81, average annual pay$17,239
- Sector 54, employment8
- Sector 54, average annual pay$58,518
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 42 | 44 | 9 | $71,101 |
| Sector 81 | 21 | 10 | $17,239 |
| Sector 54 | 8 | 8 | $58,518 |
The largest sector is the biggest private employer group at 44 jobs, 8.6 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Liberty County
What businesses operate in Liberty County
- Establishments, all industries69
- Employment at those establishments347
- Annual payroll$12.9 m
- Establishments per 1,000 residents35.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Liberty County
How much SBA lending happens in Liberty County
- 7(a) approvals recorded1
- 7(a) gross approval dollars$350,000
- Average 7(a) approval$350,000
- Median 7(a) approval$350,000
- 10th percentile approval$350,000
- 90th percentile approval$350,000
- Largest single approval$350,000
- Jobs reported supported, 7(a)10
- Jobs per approval10.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter1
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countAll Other Miscellaneous Crop Farming (1)
- Most active lenderBayFirst National Bank (1)
- 504 approvals recorded1
- 504 gross approval dollars$321,000
- Average 504 approval$321,000
- Median 504 approval$321,000
- Distinct CDCs active1
- 504 jobs per approval3.0
- 504 jobs per million dollars approved9.3
- Most active CDCBig Sky Economic Development Corporation (1)
- 7(a) share of SBA approvals50.0 percent
- Combined SBA approval dollars$671,000
The average approval of $350,000 sits close to the median of $350,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Liberty County
Do SBA loans in Liberty County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure1
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Liberty County
How big is Liberty County
- Land area1,430 sq mi
- Rank by land area among Montana counties47th of 56
- Width, east to west30.5 mi
- Height, north to south59.8 mi
- Geographies sharing a boundary4
- Residents per square mile of land1
- Establishments per square mile0.05
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- The Building Permits Survey does not carry a 2024 record for this county.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Liberty County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Liberty County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population1,952
- Households724
- Average household size2.70
- Median household income$57,857
- Median age39.8
Common questions
Liberty County questions, answered from the record.
How many people live in Liberty County, Montana?
1,952, in 724 households, ranking 46th of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Liberty County growing?
The population has fallen 1.33 percent since the 2020 census base. In 2024 there were 20 births against 32 deaths, with net migration of -12. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Liberty County?
$57,857. The median owner-occupied home is valued at $169,100, which is 2.9 times income, and median gross rent is $710 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Liberty County?
69 establishments, employing 347 people with an annual payroll of $12.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Liberty County?
Average annual pay is $41,372, or $796 a week, across 513 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Liberty County?
1 7(a) approvals totalling $350,000 since FY2020, across 1 lenders, with a median approval of $350,000, plus 1 504 approvals worth $321,000. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Liberty County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Liberty County come from?
The largest single origin is Liberty County Non-migrants, with 710 households. Arriving households report an average income of $31,000 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Liberty County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Liberty County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.